LeapFrog 2013 Annual Report Download - page 144
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Please find page 144 of the 2013 LeapFrog annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.SUMMARY COMPENSATION INFORMATION
The following table presents the compensation awarded, paid to or earned by, our named executive
officers. The named executive officers for 2013 are our chief executive officer, our chief financial officer, our
three other most highly-compensated executive officers who were serving as executive officers at the end of
2013 and one former executive officer who would have been one of the three other most highly compensated
executive officers had he been serving as an executive officer at the end of 2013. The table reports
compensation for 2013 and, where the individual was a named executive officer in the relevant prior years,
2012 and 2011.
Summary Compensation Table
Name and Principal
Position Year
Salary
Received
($)
Bonus
($)*
Stock
Awards
($)
(1)
Option
Awards
($)
(2)
Non-Equity
Incentive Plan
Compensation
($)*
All Other
Compensation
($)
Total
Compensation
($)
John Barbour
(3)
Chief Executive Officer
2013 575,000 — 925,100 1,297,728 100,050
(4)
8,195
(5)
2,906,073
2012 575,000 230,000 933,400 1,077,466 862,500
(6)
8,195
(5)
3,686,561
2011 470,689 470,689 685,500 1,888,700 148,778
(7)
198,059
(8)
3,862,415
Raymond L. Arthur
(9)
Chief Financial Officer
2013 525,000 — 252,300 336,448 66,938
(4)
63,500
(10)
1,244,186
2012 240,625 456,914 1,049,000 1,806,120 78,415
(11)
66,387
(12)
3,697,461
Kenneth A. Adams
(13)
Senior Vice President,
Sales
2013 196,314 — 772,800 1,073,220 15,951
(4)
21,500
(14)
2,079,785
Gregory B. Ahearn
(15)
Chief Marketing Officer
2013 525,000 — 252,300 336,448 63,984
(4)
66,000
(16)
1,243,732
2012 284,375 468,398 1,049,000 1,806,120 95,426
(11)
352,312
(17)
4,055,631
Michael J. Dodd
Advisor to the CEO
2013 408,000 — 379,200 570,726 48,960
(4)
3,500
(18)
1,410,386
2012 408,000 107,100 — — 445,230
(6)
3,500
(18)
963,830
2011 408,000 — — — 398,132
(7)
— 806,132
Christopher Spalding
(19)
Senior Vice President and
Managing Director,
EMEA
2013 397,483
(20)
— 841,000 961,280 49,188
(4)
43,270
(21)
2,292,221
2012 310,782
(22)
195,676 287,200 248,646 228,192
(6)
33,995
(23)
1,304,491
* The amounts reported in the ‘‘Bonus’’ column represent discretionary bonuses and guaranteed bonus
payments made pursuant to employment agreements or similar arrangements with the indicated named
executive officer. As required under the applicable rules of the SEC, performance-based bonus payments
are reported in the ‘‘Non-Equity Incentive Plan Compensation’’ column, to the extent that they are based
upon satisfaction of pre-established performance conditions, the outcome of which was substantially
uncertain at the time the performance conditions were set.
(1) The amount reported in the ‘‘Stock Awards’’ column is based on the grant date fair value of the stock
awards as computed in accordance with ASC 718. The assumptions made in the valuation of the stock
awards are discussed in Note 13, ‘‘Stock-Based Compensation,’’ of the Notes to the Consolidated
Financial Statements included in our Annual Report on Form 10-K for the year ended December 31,
2013.
(2) The amount reported in the ‘‘Option Awards’’ column is based on the grant date fair value of the option
award as computed in accordance with ASC 718. The assumptions made in the valuation of the option
awards are discussed in Note 13, ‘‘Stock-Based Compensation,’’ of the Notes to the Consolidated
Financial Statements included in our Annual Report on Form 10-K for the year ended December 31,
2013.
(3) Mr. Barbour was appointed as our Chief Executive Officer in March 2011.
(4) The amount reported is the sum of 2013 bonus payments to such individual under the performance cash
award provisions of our 2011 Plan for Company achievement of financial targets and personal
achievement of individual performance goals.
(5) The amount reported consists of payment of Mr. Barbour’s annual life insurance premiums of $4,695, as
provided in his employment agreement, and $3,500 in matching contributions to his Section 401(k)
savings plan account.
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